Asian markets extend gains on banks, energy stocks

V.Phani Kumar

HONG KONG (MarketWatch) -- Asian markets extended their gains Tuesday on the back of further buying in regional banks such as Mitsubishi UFJ Financial Group
8306, -1.49%MTU, -0.59%
and KB Financial Group
KB, +1.39%
with a rebound in energy-related stocks also aiding the advance. The Nikkei 225 Average rose 0.5% to 7,739.54 and the broader Topix rose 0.4% to 744.91. South Korea's Kospi added 1.4% and Australia's S&P/ASX 200 gained 1.1%, while New Zealand's NZX 50 fell 0.5%.

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